Santa is coming to Prior Lake December 17th, 2011 from 1:30-3:30pm. Join F & B Construction and Tom Scott of Re/Max Advantage Plus to open their brand new builders model home at 1606 Belmont Ave, Prior Lake They will feature the following:

Shakopee has elected a new Mayor, Brad Tabke, with the majority vote. previous Shakopee mayor John Schmitt lost in a tight race that came down close to the end. Brad Tabke will bring new blood into the Shakopee leadership community and I am VERY excited to see what Tabke will get started. The new Shakopee mayor Brad Tabke did talk about hiring more police force and trying to establish the down Shakopee area. I think it would be great to turn the downtown Shakopee area into a “Shops at Arbour Lakes” like in Maple Grove. Having an outdoor shopping area and combine it with some sort of River boat ride/dining would really increase the traffic in that area. Hopefully now that Tabke is the new Shakopee Mayor we can look at expanding the community center as well which is in dire need of updating. Shakopee is a great area with very afforable homes and a bright future!

If you are thinking of purchasing Shakopee homes now is a awesome time to purchase. Interest rates are low, Shakopee homes prices have fallen and I think we could potentially see prices increase relatively soon. Why you may ask? Looking at simply at economics Shakopee homes have decreased their inventory in a market that usually has 350 homes for sale there are currently less than 225. Shakopee homes have also been selling quicker and the good one are sold often in less than 30 days. I think there is a demand coming very soon. There are currently less than 50 vacant lots which should get the attention of national and local builders to start developing land soon. Rumors has it the 41+ acres at the County Rd 78 and Marschall Road crossing has sold and 76 lotswill be developed there with single familyShakopee homes.

Current Shakopee Homes For Sale

Before starting to search for Shakopee Homes and contacting a Shakopee Realtor make sure to contact a loan officer to get pre qualified.

Attending first time buyer home classes is a great start. Many buyers are unaware Scott County offers down payment assistance to those who qualify. We are offering classes starting in December for those interested.

344 Shakopee homes have sold over the last six months and the average sales was in the low 180’s range. The average sales price for all homes sold was $182,652 and those homes had on average 3 bedrooms, 2.5 bathrooms was built in 1993 with 2,025 sqft finished. That works out to be an average price per sqft of $87.74. Those homes sat on the market for an average of 135 days. Only 6 Sold Shakopee homes were over $400,000.

Shakopee Single Family Homes

223 of the 344 overall houses sold in Shakopee were considered single family dwellings. 13 sold under $100,000 and 81 under $200,000 bringing good values to the Shakopee real estate market to new buyers. Over the last 6 months single family homes have taken about 4 months to receive an offer. 65% of Sold shakopee homes were single family. The average sales price of single family homes in Shakopee was $222,444 and those homes typically had between 3-4 bedrooms 2.5 bathrooms were built in 1988 and had over 2,300 sqft. The average price per sqft was around $96.15.

Shakopee Town Homes

Typically Shakopee will have a large percentage of town homes sold, often in the mid 40% range. So far this year only about 35% of Shakopee homes sold were town homes, 121 town homes. Shakopee town homes have decreased in value SUBSTAINTILLY over the last 5 years lose almost half of their value. Town homes have lingered on the market about 149 days on average. 42 of the Town homes sold in Shakopee were under $100,000. Average sales prices were $109,316 with about 2.5 bedrooms and close to 2.5 bathrooms, built in 2000 with 1,520 sqft. Average price per sqft was low at $72.58.

Shakopee Acreage Homes

Shakopee acreage homes were far and few between with only 15 Sold Shakopee homes during the last 6 months that were over 1 acre. Of the 15 homes their values were averaging $313,067 with close to 4 bedrooms, 3 bathrooms, over 3000 sqft, built in 1989 and had average price per sqft of $108.76. The lowest price a Shakopee acreage home sold for was a Shakopee foreclosure at $153,000, the highest for $460,000/

Shakopee Foreclosures

111 of the 344 houses sold were Shakopee foreclosures average sales price was only $129,887 with 3 bedrooms, between 2-3 bathrooms, 1,709 sqft and selling quicker than most homes at 118 days on the market.

Re/max Advantage Plus Shakopee will be moving to a new location starting the first of the year. Re/Max Advantage Plus is a market leader in the Shakopee real estate market and has closed over 300 transactions in the Shakopee office alone year to date with many more pending transactions. Re/Max Advantage Plus, lead by real estate broker Eric Malmberg will be moving into the build Edina Realty Shakopee had occupied for 10+ years. After closing there will be extensive remodeling followed by a Grand opening in which the public is invited. A date and time has yet to be determined. Re/max Shakopee Realtors anticipate holding many Shakopee real estates seminars in the new space geared towards the shifting market. Some buyer seminars included will be first time buyer seminars, investment seminars and seminars about selling in a tough real estate market. Shakopee realtors have seemed to gravitate to the Re/Max Advantage Plus franchise over the past few years and the strength of the company is continually growing. Eric Malmberg, broker for Re/Max Advantage Plus also acquired two more Re/Max real estate franchises in Minnetonka and Chanhassen to have more market share west of the Twin Cities.

The Shakopee real estate market has been a busy one this year although with a lack of inventory. We are just over 200 active mls listings at 225, however 50 of the mls listings have some sort of contingent offer on them. Of the remaining Shakopee homes for sale listed as “active” mls listings 39 are short sale properties and 27 are consider foreclosure listings. Being almost 38% of the remaining inventory is considered distressed this does not leave too many Shakopee homes for sale remaining. Let’s compound another factor, Shakopee new construction homes. 28 of the remaining 175 Shakopee homes for sale are either model homes, to be built new construction or under construction homes. That leaves less than half of all Shakopee mls listings as traditional home sales.

I have heard many complaints from Shakopee buyers looking to purchase a house that just can’t find anything out there. If you know anyone looking to sell I do have these buyers looking in Shakopee to purchase soon:

Looking for a rambler under 375k, prefer wooded lot and a walkout, may be open

Looking for a townhome under 125k 3 bedrooms and must have basement

Looking for a townhome under 135k, prefer 3 bedroom with master bath

one level townhome under 100k

Looking for a two story in Southbridge under 250k

Looking for a 4 bedroom plus loft two story East of Independence to Southbridge under 300k

Shoot me an email at TomScott@Remax.net or call me at 612-384-2178 if you know of a good seller

2091 Evergreen Lane in Shakopee is the final home to be sold. Lennar Homes in Shakopee is selling their final and remaining home in Valley Creek Crossing. Lennar Homes purchase about a dozen lots previously owned by another builder last year and have sold out all Lennar homes besides their model home in Valley Creek Crossing.

The Lennar Homes Shakopee model/spec home available at 2091 Evergreen Ln, Shakopee features over 2700 sqft and includes four bedrooms all on the upper level. I have shown this Lennar Homes model before and all bedrooms are a good size as well. The finished bathrooms include a half bath on the main level and two bathrooms on the upper level including the private master bath. The master suite is quite nice and worth checking out. I think the Valley Creek Crossing neighborhood is a great location central to Shakopee schools and shopping. Some of the features Lennar Homes includes in this Valley Creek Crossing home is painted millwork, custom cabinets, granite counters and a nice open floor plan.

As things start to get a bit colder, the Minnesota cold weather rule, specifically the Shakopee Utilities cold weather rules will come into effect. Each year some Shakopee Public Utility customers are not able to pay their electric bill during the cold weather due to job loss or other hardships. If a Shakopee resident can not pay their electric bill, make sure to contact Shakopee public utility company at 952-445-1988.

The Minnesota Cold Weather Rule was established to protect residential customers from service disconnection between October 15th and April 15th, usually the coldest part of the year. You need to check to see if you qualify for the protection under the following three conditions:

1) The disconnection would affect your main heat source
2) You home meets the Minnesota cold weather Rule payment plan guidelines
3) You and Shakopee Public Utilities agree to a payment plan

The Minnesota cold Weather Rule DOES NOT FORBID ALL WINTER DISCONNECTIONS. If you do receive notice of Proposed Disconnection this winter, YOU MUST ACT IMMEDIATELY.

For more information make sure to call 952-342-2482 for additional details and applications are available at the Shakopee Public Utilities service center.

If you have missed the Shakopee Parade of Homes make sure to get out this week for the final weekend to visit to MN builder showcassing their new construction homes for sale in Shakopee.

KEYLAND HOMES
560 Jutland Ave, Shakopee
This is a two story priced at $245,900 w a finished lower level this home would top out at roughly 2900 sqft

KNOBLAUCH BUILDERS LLC
524 Jutland Ave, Shakopee
This custom two story home is priced at $329,900 and is more of a custom house than some of the other builders. upgraded matierials and quality workmanship.

CAPSTONE HOMES INC
7149 Ridge View Estates
Nice two sotry near Eagle Creek elementary school. This home is priced at $329,900 and is sitting on a nice wooded bluff lot.

RYLAND HOMES
8489 Moraine Circle
sitting in the nice Glacier Estates development Ryland homes has many lots to choose from. Their model for the Parade of Homes is priced at $379,990 with others starting just under $280,000

MATTAMY HOMES
1954 Foothill Trail
Mattamy home is winding down as they have built out many homes in the RIverside Bluffs development. Nice two story plan priced at $339,999

ETERNITY HOMES
1980 Evergreen Lane
Great neighborhood in Valley Creek Crossing! This home has nice contrasting floors an is finihsed top to bottom. Priced at $369,900

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We just recently closed this Shakopee Home in the Classics at Southbridge. This Shakopee home sold for $223,000 and the seller paid $8920 in buyer closing costs.

If you are thinking of listing Shakopee real estate of your placing your Shakopee home fo sale make sure to call Tom Scott of Remax Advantage Plus and the Twin City Real Estate Team. 612-384-2178 or TomScott@Remax.net

If you’re looking for a place to golf in Shakopee, look no further than Stonebrooke Golf Club. Stonebrooke is a well-maintained golf course with unique holes, a variety of elevations, and mature trees. Come in to golf any day of the week with Stonebrooke’s reasonable rates for golfers of all ages. There several types of rates whether you want to golf 18 holes, come in for an early morning round, just play nine after work, or have some extra fun with a couples nine & dine night. If you aren’t feeling like a full day on the course, Stonebrooke also has a driving range for those who want to perfect their swing.
For the more seasoned golf athlete, Stonebrooke has some great deals on membership packages. Packages can be a couples membership, patron membership, or junior membership. In addition to the specifics of each package, all Stonebrooke membership packages include 8-day advance tee time reservations, 20% discount on regular priced Pro Shop merchandise, 10% discount on food and beverage, and a green fee portion of Stonebrooke leagues.
Waters Edge golf course is Stonebrooke’s 9 hole, par 30 that is located just across the street. This course is similar to Stonebrooke with the same great features and is the perfect course for you to perfect your golf game. Waters Edge is a more laid back environment and is the place to teach your kids the game or bring the whole family for some fun. There are memberships offered here as well and are less expensive than Stonebrooke. They include family, junior, and patron memberships.
If you are looking for something other than golf, Stonebrooke caters in many ways. Between the clubhouse and banquet rooms, Stonebrooke is sure to be the ideal location for your next banquet, wedding, reception, tournament, or event. In the past, Stonebrooke has held company dinners, awards banquets, birthday parties, rehearsal dinners, family reunions, and more. Their professional event planners will make your event a memorable one.
And we can’t forget about the full-service restaurant at Stonebrooke. You can stop by for lunch or dinner in their casual dining area or have a more intimate dinner in the elegant dining area. Stonebrooke also has Sunday breakfast brunch, weekly dinner specials, and holiday specials.

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About Tom

Shakopee, MN is where I work and live. I am a graduate of Gustavus Adolphus College and have been voted "Super Realtor" by Mpls/ St. Paul Magazine and Twin Cities Business 9 Times! I was the number 1 Shakopee Real Estate Agent in 2015- No one closed more homes in Shakopee, and I have sold almost 300 homes in Shakopee since 2001.